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Man Group has a selected Salerio, the post-execution trade processing solution from corfinancial, to assist in the migration from the OASYS US securities trade processing flows to the DTCC’s Institutional Trade Processing (ITP) CTM (Central Trade Manager) platform.
Last year, DTCC announced that it would decommission OASYS on 31 October 2021.
Man Group has been automating key post-trade processes, including trade confirmation and settlement for international securities, for many years using Salerio. It was, therefore, the natural solution to manage the migrating US trade confirmation workflow.
Salerio provides seamless connectivity to DTCC’s CTM platform and Man Group was
Brave New Coin, a data analytics and research company backed by Techemy, is to partner with QuantHouse, a global provider of end-to-end systematic trading solutions including innovative market data services, an algo trading platform, and infrastructure products and part of Iress (IRE.ASX), to makes Brave New Coin’s data feeds, undices and analytics available to QuantHouse customers.
Upon launch, QuantHouse will feature Brave New Coin’s high-speed single asset indices for top ten crypto assets, plus the Brave New Coin DeFi Index.
Trusted by leading financial institutions, Brave New Coin’s enterprise-grade cryptocurrency market data solutions deliver actionable insights around trading, valuations, portfolio
EPFR, a subsidiary of Informa Financial Intelligence and a specialist in the provision of fund flows and allocation data to financial institutions, has launched a Hedge Fund Flows dataset.
The new offering applies EPFR’s core competency in a combined database between EPFR and partner, Backstop BarclayHedge, delivering clients investment insights from a particularly discrete investor type.
The dataset provides non-estimated fund flow calculations at the fund level, offering a precise proxy of investor sentiment and hedge fund activity, and granularity to derive better insights. When viewed alongside EPFR’s mutual fund and ETF data that tracks USD48 trillion in global capital
Redhedge Asset Management (Redhedge) has appointed Raj Dutta as Head of Business Development in London.
Based in the firm’s head office in Green Park, Dutta will focus on managing Redhedge’s existing and future client relationships globally. Raj has over 25 years of experience in fixed income credit sales and business development roles at blue-chip institutions, having developed strong relationships globally, with a deep expertise in Alternative credit solutions. Previous firms have included Salomon Brothers, Goldman Sachs, Union Bancaire Privee, Oxford Asset Management and Lombard Odier.
Dutta says: “I am very excited to have the opportunity to join Redhedge Asset
Equileap, a provider of gender equality data & insights globally, partnering with Nasdaq to support the launch of its ESG Data Hub.
Read the full story at Institutional Asset Manager…
Phoenix American, a full-service fund administration provider for alternative investment funds, has published a new white paper examining the long anticipated emergence of the Regulation A+ fund structure after nine years of development following its creation in the 2012 JOBS Act.
Read the full story at Private Equity Wire…
TP ICAP, a provider of market infrastructure, is to launch an wholesale trading platform for cryptoassets, working in collaboration with Fidelity Digital Assets, Zodia Custody and Flow Traders.
Read the full story at Institutional Asset Manager…
Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has named Scott DePetris as President and Chief Operating Officer (COO) and appointed him to the Board of Directors.
In his role, DePetris will drive Drawbridge’s global strategy and business operations to meet new client and market requirements and continue to scale the business through a period of hyper growth.
“Drawbridge has always been focused on providing our clients the best software, services and industry expertise to manage their critical cybersecurity programs, and we’re thrilled to have a leader of Scott’s stature join our Executive Team
Digital asset investment products saw a fourth consecutive week of outflows totaling USD44 million, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
This latest outflow total, on a relative basis, remains small in comparison to the negative sentiment in early 2018 where outflows as a percentage of AuM totalled 4.9 per cent.
This week most of the negative sentiment was focused on ether where net outflows totalled USD50m, the largest on record.
Multi-digital asset investment products meanwhile, continued to buck the negative trend with outflows of USD6 million last week.
The Depository Trust & Clearing Corporation (DTCC), the specialist market infrastructure for the global financial services industry, has launched its new Underwriting Central (UWC) platform, an automated service for electronic Certificates of Deposit (CD) offered by DTCC’s subsidiary, The Depository Trust Company (DTC).
Read the full story at Institutional Asset Manager…